608 Redbird AveHaytiSD57241
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Hayti at 608 Redbird Ave, Hayti, SD, 57241 earns $276/mo cash flow from $2,455/mo rent with a $1,688/mo payment. Total monthly income totals $2,455/mo, and annual cash flow totals $3,306/yr on $114,334 capital. ROI tracks 22.8% on current figures, and rental yield reads 8.54% at a $344,900 purchase. Equity gained on principal adds $2,226/yr, and 5% annual appreciation supports $95,290 over five years. Five-year ROI reaches 118.53% and total cumulative return in cash sums $135,525. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,455/mo property income instead of your personal income.
Single Family
Built in 2008
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 57241, Hayti, SD area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 385 (100%) |
| Owner Occupied HU | 301 (78.2%) |
| Renter Occupied HU | 63 (16.4%) |
| Vacant Housing Units | 21 ( 5.5%) |
| Median Home Value | $266,803 |
| Average Home Value | $308,181 |
Housing Distribution
Address Breakdown
Residential
213
Single Family
213
Multi-Family
0
Businesses
48
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Listed by: JOSHUA FINSTAD • THE EXPERIENCE REAL ESTATE
Mls Name: Northeast South Dakota BOR
Mls ID: #52-14
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.